ITT Destinations Business definition

ITT Destinations Business means the principal businesses and operations conducted by ITT Destinations and its Subsidiaries on the Distribution Date, such businesses being hospitality, entertainment, information and educational services as specifically described in Exhibit A1 annexed hereto and, in addition, shall also mean the Closely Related Businesses described in Exhibit A1, provided that ITT Destinations Business shall not include the ITT Industries Business or the ITT Hartford Business.
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ITT Destinations Business means the businesses of (i) those business entities listed on Schedule 1.01(b) hereto, (ii) any other division, Subsidiary or investment of ITT managed or operated as of the date of this Agreement or any prior time by any such business entity unless such other division, Subsidiary or investment is listed on Schedule 1.01(a), Schedule 1.01(c) or Schedule 1.01(d) hereto and (iii) business entities acquired or established by or for ITT Destinations or any of its Subsidiaries after the date of this Agreement.
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ITT Destinations Business means all business not specifically included within the Retained Business. (l) "Distribution Time" shall have the meaning set forth in the Destinations Distribution Agreement. (m) "ITT Information Services" shall mean (a) ITT Corporation, a Nevada corporation after the Destinations Distribution or (b) ITT Information Services, Inc., after ITT Corporation changes its corporate name in accordance with Section 6.07 of the Destinations Distribution Agreement and Section 2.02 of this IP Agreement. (n) "ITT Name" shall mean the worldwide rights to that portion of any company and trade name consisting of the letters "ITT" and the goodwill associated therewith. (o) "ITT Marks" shall mean the worldwide rights to all trademarks and service marks consisting of the letters "ITT", either alone or in combination with other words, together with all registrations thereof and all applications thereof now or hereafter filed or obtained, and the goodwill associated therewith. (p) "ITT Sheraton" shall mean, prior to the Sheraton Merger, ITT Sheraton, and upon consummation of the Sheraton Merger, ITT Destinations, or any successor to ITT Destinations. (q) "Permitted Manner of Use" shall mean use of the ITT Name and the ITT Marks in accordance with all legal requirements and also with ITT Sheraton's policy and style standards as currently existing and as may be reasonably amended from time to time by ITT Sheraton. (r) "Phaseout Period" shall mean a period of three (3) months from the termination of that portion of this IP Agreement relating to the ITT Name and ITT Marks during which period all use of the ITT Name and ITT Marks by ITT Information Services and its Subsidiaries, as the case may be, shall be phased out in accordance with the provisions of this IP Agreement. (s) "Retained Business" shall have the meaning set forth in the Destinations Distribution Agreement. (t) "Service Mark Xxxense Agreement" shall mean the Trade Name and Service Mark Xxxense Agreement that forms Exhibit B-2 of the Destinations Distribution Agreement and executed contemporaneously with this IP Agreement. (u) "Subsidiary" shall mean any corporation, partnership or other entity of which another entity (i) owns, directly or indirectly, ownership interests sufficient to elect a majority of the Board of Directors (or persons performing similar functions) (irrespective of whether at the time any other class or classes of ownership interests of such corporation, partnership or other entity shall or might ...
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Examples of ITT Destinations Business in a sentence

  • Neither ITT Hartford, nor any of the ITT Hartford Sublicensees shall use the ITT Name or ITT Marks for any product or service, or with or for any entity, in the ITT Destinations Business or the ITT Industries Business.

  • The principal basis for withholding such approval would be if the proposed company and/or trade name used in conjunction with the ITT Name would (i) be objectionable from a legal standpoint, or (ii) likely to create confusion, for example, if the proposed name is descriptive of a field of business of the ITT Destinations Business or the ITT Industries Business or too close to a name used by a business of ITT Industries or ITT Destinations.

  • Neither ITT Enterprises, nor any of the ITT Enterprises Sublicensees shall use the ITT Name or ITT Marks for any product or service, or with or for any entity, in the ITT Destinations Business or the ITT Hartford Business.

  • As part of any such transfer of the ITT Name and ITT Marks to ITT Enterprises, ITT Enterprises shall agree not to use nor permit others to use for a period of five (5) years after such transfer the ITT Name and the ITT Marks in the ITT Destinations Business and in any other business that ITT Destinations has entered into prior to any such transfer.

  • During such five (5) year period, Licensor and its Subsidiaries shall have the right to revive its use and 7 8 license the use of the ITT Name and/or the ITT Marks on a paid-up, royalty-free, exclusive, worldwide basis (exclusive of the ITT Industries Design Mark) xx an exclusive basis for the ITT Destinations Business, and a nonexclusive basis for any businesses not included in the ITT Industries Business or the ITT Hartford Business.

  • Mr. Steinke was appointed Chief Operating Officer of the Corporation in January 2005 and was therefore an officer of the Corporation for part of the most recently completed financial year.

  • If granted, the new field of activity shall be deemed to be within ITT Destinations Business or ITT Industries Business, as appropriate, and further subject to Sections 2.11 and 3.09 of this License Agreement.

  • If the proposed company and/or trade name use in conjunction with the ITT Name is solely descriptive of a business within the scope of the ITT Industries Business and (i) not objectionable from a legal standpoint, and (ii) not likely to create confusion with a field of business of the ITT Destinations Business or ITT Hartford Business, or a name used by a business of ITT Hartford or ITT Destinations, then Licensor shall not object to the proposed company and/or trade name.

Related to ITT Destinations Business

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services. (C) The term "Managerial Responsibilities" for purposes of this Unit Agreement shall mean managerial and supervisory responsibilities and duties that are substantially the same as that Grantee is performing for SunTrust or a SunTrust Affiliate on the date of this Unit Agreement. (D) The term "SunTrust Affiliate" for purposes of this Unit Agreement shall mean any corporation which is a subsidiary corporation (within the meaning of §424(f) of the Code) of SunTrust except a corporation which has subsidiary corporation status under §424(f) of the Code exclusively as a result of SunTrust or a SunTrust Affiliate holding stock in such corporation as a fiduciary with respect to any trust, estate, conservatorship, guardianship or agency. (E) The term "Territory" for purposes of this Unit Agreement shall mean the states of Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, which are the states and Territories in which SunTrust has significant operations on the date of this Unit Agreement. (F) "Trade Secret" for purposes of Unit Agreement shall mean information, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers that: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from it is disclosure or use, and (ii) is the subject of reasonable efforts by SunTrust or a SunTrust Affiliate to maintain its secrecy.

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Licensed Business means the activities connected with the conveyance of

  • Company Business means the business of the Company as presently conducted.

  • business vertical means a distinguishable component of an enterprise that is engaged in the supply of individual goods or services or a group of related goods or services which is subject to risks and returns that are different from those of the other business verticals.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Telecommunications Business means the business of (i) transmitting, or providing services relating to the transmission of, voice, video or data through owned or leased transmission facilities, (ii) creating, developing or marketing communications related network equipment, software and other devices for use in a Telecommunications Business or (iii) evaluating, participating or pursuing any other activity or opportunity that is primarily related to those identified in (i) or (ii) above; provided that the determination of what constitutes a Telecommunications Business shall be made in good faith by the Board of Directors of the Guarantor.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Micro Business means a company which either:

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Business Centre means each of the places so specified in the relevant Pricing Supplement.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which —

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • Air Transportation Business means the carriage by aircraft of persons or property as a common carrier for compensation or hire, or carriage of cargo or mail by aircraft, in air commerce, as defined in 49 U.S.C. § 40102, as amended.

  • Active business operations means all business operations that are not inactive business operations.

  • Business Area means an adjacent area that is zoned by a state, county, township, or municipal zoning authority for industrial or commercial purposes, customarily referred to as "b" or business, "c" or commercial, "i" or industrial, "m" or manufacturing, and "s" or service, and all other similar classifications and that is within a city, village, or charter township or is within 1 mile of the corporate limits of a city, village, or charter township or is beyond 1 mile of the corporate limits of a city, village, or charter township and contains 1 or more permanent structures devoted to the industrial or commercial purposes described in this subdivision and that extends along the highway a distance of 800 feet beyond each edge of the activity. Each side of the highway is considered separately in applying this definition except that where it is not topographically feasible for a sign or sign structure to be erected or maintained on the same side of the highway as the permanent structure devoted to industrial or commercial purposes, a business area may be established on the opposite side of a primary highway in an area zoned commercial or industrial or in an unzoned area with the approval of the state highway commission. A permanent structure devoted to industrial or commercial purposes does not result in the establishment of a business area on both sides of the highway. All measurements shall be from the outer edge of the regularly used building, parking lot, or storage or processing area of the commercial or industrial activity and not from the property lines of the activities and shall be along or parallel to the edge or pavement of the highway. Commercial or industrial purposes are those activities generally restricted to commercial or industrial zones in jurisdictions that have zoning. In addition, the following activities are not commercial or industrial:

  • Trust business means the business of acting as trustee, executor or administrator;

  • Ohio Business Gateway means the online computer network system, created under section 125.30 of the Ohio Revised Code, that allows persons to electronically file business reply forms with state agencies and includes any successor electronic filing and payment system.